Business

Digital currency trading firm dissolves in UK after alleged scam
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31 October, 2022

Digital currency trading firm dissolves in UK after alleged scam

Following the closure of its parent company, PGI Global UK undergoes liquidation after it allegedly ripped off investors of around...
Bitcoin white paper day—Thanks again, Satoshi!
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31 October, 2022

Bitcoin white paper day—Thanks again, Satoshi!

Fourteen years after Satoshi released the Bitcoin white paper, few understand it—most Bitcoin advocates have abandoned the idea of a...
‘Crypto’ law enforcement: A crossroads for digital asset enforcement and US regulators
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31 October, 2022

‘Crypto’ law enforcement: A crossroads for digital asset enforcement and US regulators

Two U.S. regulators have staked a claim over digital asset regulation: the Securities and Exchange Commission, and the Commodity Futures...
Turkey’s central bank set to launch state-backed digital currency in 2023
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31 October, 2022

Turkey’s central bank set to launch state-backed digital currency in 2023

Turkey is slated to roll out its digital lira in 2023 as part of its goal to reach the unbanked...
IRS expands digital assets tax category to include NFTs
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31 October, 2022

IRS expands digital assets tax category to include NFTs

The IRS has amended “virtual currency” to “digital assets” in the 2022 tax year draft instructions, expanding the category to...
UAE central bank completes CBDC pilot, eyes international usage for cross-border payments
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30 October, 2022

UAE central bank completes CBDC pilot, eyes international usage for cross-border payments

Apart from improving cross-border payments, CBUAE’s governor noted that the pilot was also targeted at enhancing the local financial sector...
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